more-inA new coal linkage policy to ensure adequate supply of the fuel to power plants through reverse auction received approval of the Cabinet Committee on Economic Affairs today. “The CCEA today approved a policy for providing linkages to power plants,” official sources said. The new coal linkage policy for power plants will help producers ensure fuel supplies in an organised manner. But a mechanism is required for providing coal linkages to power plants at competitive rates. According to sources, the new policy will address this concern and put in place a proper mechanism for sourcing of the dry fuel by the power plants as per their schedules.

Source: The Hindu May 17, 2017 07:52 UTC